TORONTO, April 20, 2021 /PRNewswire/ - Shareholder Update:. On Monday, April 19th, without approval or consent from Mr. Neville, Mr. Troy Grant, Mr. Binyon Posen and Mr. Brendan Purdy formed a special "executive committee" ("the Committee") inside of the board of directors, which would provide the three members of the board with additional powers. Mr. Neville has not resigned or provided any notification to the Company indicating his resignation.
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here. Toronto, Ontario--(Newsfile Corp. - April 16, 2021) - Interactive Games Technologies Inc. (CSE: BETS) (FSE: F0O) (OTCQB: BLITF) ("IGT.BETS" or the "Company") regrets that it needs to clarify the disclosure provided to the market by the former CEO and current director of the Company, as being false and misleading. The Company is aware of claims being made by Mr. Neville, and believes the subject matter of Mr. Neville's claims to be without merit. Further to the Company's press release from March 29, 2021, at the request of the Canadian Securities Exchange and IIROC, the Company is confirming that Mr. Neville is no longer the CEO of the Company, and he has been informed of this on multiple occasions, but yet seems to be unwilling to acknowledge this fact. Mr. Neville remains a director of the Company.
TORONTO, April 12, 2021 /CNW/ - The CEO of Interactive Games Technologies Inc. ("IGT") (CSE: BETS) (FSE: F0O3) (OTC: BLITF) Chris Neville provided the following statement regarding the trading halt imposed on IGT's common shares on Friday, April 9, 2021: "Contrary to the information distributed last week by certain individuals purporting to act on behalf of IGT, I have neither resigned nor been terminated as CEO of IGT. I am currently working with the British Columbia Securities Commission and The Canadian Securities Exchange ("CSE") on a number of issues at the board level which I hope will be resolved in due time. As CEO, from day one I have been working for all shareholders of IGT to create maximum value for the majority and also minority shareholders. As CEO, I have raised serious concerns that a large shareholder is effecting and steering the direction of IGT without authority, with the support and encouragement of two board directors." Mr. Neville continued "Highly important information regarding certain potential transactions has been not provided to the CEO of IGT and meetings have been held without the CEO being privy. I will continue to act in the best interest of all shareholders of IGT and will work diligently with both The CSE and British Columbia Securities Commission to ensure all shareholders receive equal value from any and all transactions that occur with the company."